1,796 FS TLKM Triwulan II 2014 English
37. RELATED PARTY TRANSACTIONS continued c. Significant agreements with related parties continued
The Company has been handling customer billings and collections for Indosat. Indosat is gradually taking over the activities and performing its own direct billing and collection. The Company receives compensation from Indosat computed at 1 of the collections made by the Company beginning January 1, 1995, plus the billing process expenses which are fixed at a certain amount per record. On December 11, 2008, the Company and Indosat agreed to implement IDD service charge tariff which already takes into account the compensation for billing and collection. The agreement is valid and effective starting on January to December 2012, and can be applied until a new agreement becomes available. On December 28, 2006, the Company and Indosat signed amendments to the interconnection agreements for the fixed line networks local, SLJJ and international and mobile network for the implementation of the cost-based tariff obligations under the MoCI Regulations No. 8Year 2006 Note 40. These amendments took effect on January 1, 2007. Telkomsel also entered into an agreement with Indosat for the provision of international telecommunications services to its GSM mobile cellular customers. The Company provides leased lines to Indosat and subsidiaries, namely PT Indosat Mega Media and Lintasarta. The leased lines can be used by these companies for telephone, telegraph, data, telex, facsimile or other telecommunication services. iii. Others The Company has entered into agreements with associated companies, namely CSM, PSN and Gratika for the utilization of the Companys satellite transponders or frequency channels and leased lines. Telkomsel has an agreement with PSN for the lease of PSN’s transmission link. Based on the agreement, which was made on March 14, 2001, the minimum lease period is 2 years since the operation of the transmission link and is extendable subject to agreement by both parties. As of the issuance date of the consolidated financial statements, the extension is still in process. Koperasi Pegawai Telkomsel “Kisel” is a cooperative that was established by Telkomsel’s employees to engage in car rental services, printing and distribution of customer bills, collection and other services principally for the benefit of Telkomsel. Telkomsel also has dealership agreements with Kisel for distribution of SIM cards and pulse reload vouchers.37. RELATED PARTY TRANSACTIONS continued
Parts
» FS TLKM Triwulan II 2014 English
» GENERAL a. Establishment and general information
» GENERAL continued a. Establishment and general information continued GENERAL continued
» GENERAL continued Subsidiaries continued
» GENERAL continued d. Subsidiaries continued
» Subsidiaries continued FS TLKM Triwulan II 2014 English
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued b. Principles of consolidation
» Transactions with related parties
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Business combinations continued FS TLKM Triwulan II 2014 English
» Investments in associated companies
» Inventories FS TLKM Triwulan II 2014 English
» Inventories continued FS TLKM Triwulan II 2014 English
» Prepaid expenses FS TLKM Triwulan II 2014 English
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued k. Intangible assets
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued l.
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued m. Leases continued
» Deferred charges-land rights FS TLKM Triwulan II 2014 English
» Trade payables FS TLKM Triwulan II 2014 English
» Revenue and expense recognition
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued u. Financial instruments continued
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued w. Dividends
» Basic earnings per share and earnings per ADS
» Segment information FS TLKM Triwulan II 2014 English
» Provision FS TLKM Triwulan II 2014 English
» Retirement benefits FS TLKM Triwulan II 2014 English
» BUSINESS COMBINATIONS a. Acquisitions
» BUSINESS COMBINATION continued b. Disposal of Indonusa continued
» CASH AND CASH EQUIVALENTS continued OTHER CURRENT FINANCIAL ASSETS June 30, TRADE RECEIVABLES
» TRADE RECEIVABLES continued Disposal of Indonusa
» INVENTORIES June 30, Disposal of Indonusa
» INVENTORIES continued Disposal of Indonusa
» LONG-TERM INVESTMENTS Disposal of Indonusa
» LONG-TERM INVESTMENTS continued Disposal of Indonusa
» PROPERTY AND EQUIPMENT Disposal of Indonusa
» PROPERTY AND EQUIPMENT continued
» PROPERTY AND EQUIPMENT continued PROPERTY AND EQUIPMENT continued
» ADVANCES AND OTHER NON-CURRENT ASSETS continued
» INTANGIBLE ASSETS Disposal of Indonusa
» INTANGIBLE ASSETS continued Disposal of Indonusa
» UNEARNED INCOME June 30, Disposal of Indonusa
» SHORT-TERM BANK LOANS Disposal of Indonusa
» SHORT-TERM BANK LOANS continued
» CURRENT MATURITIES OF LONG-TERM LIABILITIES
» TWO-STEP LOANS continued Disposal of Indonusa
» BONDS AND NOTES continued BANK LOANS BANK LOANS continued
» BANK LOANS continued Disposal of Indonusa
» NON-CONTROLLING INTERESTS June 30, Disposal of Indonusa
» CAPITAL STOCK June 30, 2014 Disposal of Indonusa
» PERSONNEL EXPENSES OPERATIONS, MAINTENANCE AND TELECOMMUNICATION SERVICE EXPENSES 2014
» GENERAL AND ADMINISTRATIVE EXPENSES 2014 TAXATION
» TAXATION continued TAXATION continued
» BASIC AND DILUTED EARNINGS PER SHARE
» CASH DIVIDENDS AND GENERAL RESERVE
» CASH DIVIDENDS AND GENERAL RESERVE continued
» RETIREMENT BENEFIT AND OTHER POST RETIREMENT BENEFIT OBLIGATIONS June 30,
» RETIREMENT BENEFIT AND OTHER POST RETIREMENT BENEFIT OBLIGATIONS continued
» RETIREMENT BENEFIT AND OTHER POST RETIREMENT BENEFIT OBLIGATIONS
» POST-RETIREMENT HEALTH CARE BENEFITS
» POST-RETIREMENT HEALTH CARE BENEFITS continued
» RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» 1,796 FS TLKM Triwulan II 2014 English
» 205 FS TLKM Triwulan II 2014 English
» Cash and cash equivalents Note 4 12,952
» 11,736 FS TLKM Triwulan II 2014 English
» b. Other current financial assets Note 5
» Trade receivables - net Note 6 1,054
» Advances and other non-current assets Note 12
» Accrued expenses Note 15 FS TLKM Triwulan II 2014 English
» Short-term bank loans Note 17
» Long-term bank loans Note 21
» 7,643 FS TLKM Triwulan II 2014 English
» RELATED PARTY TRANSACTIONS continued c. Significant agreements with related parties continued
» RELATED PARTY TRANSACTIONS continued
» SEGMENT INFORMATION Key management personnel remuneration
» SEGMENT INFORMATION continued Key management personnel remuneration
» TELECOMMUNICATIONS SERVICE TARIFFS Key management personnel remuneration
» TELECOMMUNICATIONS SERVICE TARIFFS continued b. Mobile cellular telephone tariffs continued
» Interconnection tariffs FS TLKM Triwulan II 2014 English
» Network lease tariffs FS TLKM Triwulan II 2014 English
» SIGNIFICANT COMMITMENTS AND AGREEMENTS
» SIGNIFICANT COMMITMENTS AND AGREEMENTS continued a. Capital expenditures continued
» SIGNIFICANT COMMITMENTS AND AGREEMENTS continued
» SIGNIFICANT COMMITMENTS AND AGREEMENTS continued c. Others continued
» ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES
» ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES continued
» FINANCIAL RISK MANAGEMENT Others
» FINANCIAL RISK MANAGEMENT continued
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